Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Irishtown Home Price
The median house price listed in Irishtown this month is $165,000.
If you’re looking at investment properties in Irishtown, then you’re most likely to find homes with 4 bedrooms on sale this month.
Can we guarantee how well Irishtown is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Irishtown there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Irishtown is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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